The earnings call highlighted strong revenue growth and a milestone achievement of positive net income, driven by increased agent productivity and expansion of ancillary services. However, challenges were noted in gross margin compression and increased operating expenses.

Company Guidance

During The Real Brokerage's second quarter earnings call for 2025, the company reported a record revenue of $541 million, representing a 59% increase from the previous year. This growth was driven by a 62% rise in closed transactions, totaling over 49,000 for the quarter, despite a 1% decline in industry transactions. Real achieved its first-ever positive operating income of $1.7 million and net income of $1.6 million. Adjusted EBITDA improved by 43% to $20 million, contributing to a strong cash flow from operating activities of $41 million. The company ended the quarter with 28,000 agents, a 43% year-over-year increase, and revenue churn remained low at 2%. Real's ancillary business lines, including One Real Mortgage and Real Wallet, grew by 50%, contributing 1% of total revenue and nearly 5% of gross profit. The acquisition of Flyhomes' AI-powered platform is expected to enhance their technology roadmap and consumer-facing products.

Record Revenue Growth

Revenue increased by 59% year-over-year to $541 million in Q2 2025, driven by a 62% increase in closed transactions.

First Quarter of Positive Net Income

Achieved positive net income of $1.6 million and positive operating income of $1.7 million for the first time.

Agent Growth and Productivity

Ended Q2 with 28,000 agents, a 43% increase from the prior year, and a 7% increase in transactions per average agent.

Strong Ancillary Business Performance

Ancillary business lines grew by 50%, with One Real Mortgage revenue growing 80% and Real Wallet deposits increasing by nearly 70%.

Acquisition of Flyhomes' Technology

Acquired Flyhomes' AI-powered home search portal to enhance the AI-driven home buying experience.

Real Brokerage (REAX) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

REAX Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 06, 2025	2025 (Q3)	-0.01 / -	-0.01	―	―	―
Aug 07, 2025	2025 (Q2)	<0.01 / 0.01	-0.01	200.00% (+0.02)
May 08, 2025	2025 (Q1)	-0.05 / -0.02	-0.09	77.78% (+0.07)
Mar 06, 2025	2024 (Q4)	-0.04 / -0.03	-0.07	57.14% (+0.04)
Nov 07, 2024	2024 (Q3)	-0.03 / -0.01	-0.02	50.00% (+0.01)
Aug 07, 2024	2024 (Q2)	-0.02 / -0.01	-0.02	50.00% (+0.01)
May 07, 2024	2024 (Q1)	-0.04 / -0.09	-0.04	-125.00% (-0.05)
Mar 07, 2024	2023 (Q4)	-0.04 / -0.07	-0.04	-75.00% (-0.03)
Nov 09, 2023	2023 (Q3)	-0.03 / -0.02	-0.03	33.33% (<+0.01)	―
Aug 09, 2023	2023 (Q2)	-0.03 / -0.02	-0.02	0.00% (0.00)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

REAX Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 07, 2025	$4.11	$4.09	-0.49%
May 08, 2025	$4.47	$4.32	-3.36%
Mar 06, 2025	$4.95	$4.73	-4.44%
Nov 07, 2024	$5.64	$6.23	+10.46%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Real Brokerage (REAX) report earnings?

Real Brokerage (REAX) is schdueled to report earning on Nov 06, 2025, Before Open (Confirmed).

What is Real Brokerage (REAX) earnings time?

Real Brokerage (REAX) earnings time is at Nov 06, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is REAX EPS forecast?

REAX EPS forecast for the fiscal quarter 2025 (Q3) is -0.01.

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